Exclusive Industrial Investment Offering

52 Nicola Drive, Headingley, MB

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Building

Stats

  • Property Type Industrial - Flex Space
  • Year built 2018
  • Building size (SF) 26,636
  • Price $4,950,000 CAD

Overview

Avison Young Commercial Real Estate (Manitoba) Inc. (“Avison Young”) is pleased to offer for sale 100% interest in 52 Nicola Drive, in Headingley, Manitoba on behalf of its client JWG Enterprises – Canada ULC (the “Vendor”).

52 Nicola is a first-class, like-new fully leased industrial complex comprised of approximately 26,637 rentable square feet. It is well located on a large corner lot with excellent access, visibility, loading and exterior storage or expansion flexibility. With under 18% site coverage the Property offers plentiful customer and employee parking, expansive loading and future expansion lands.

The Property is currently 100% leased to a strong national tenant at rents approximately 30% under market leaving significant upside opportunity for a future investor to add value at lease maturity. The Offering is a quality asset with a triple net lease, where the tenant directly contracts for all maintenance and repair making this virtual care-free ownership.

Highlights

Rentable Area - 26,636.6 sf

Land Area -3.29 acres

Site Coverage -17.5%

# of Tenants - One

Lease Maturity - 5 year term
Options to Renew - 3 x 5 years at market rates

Year Built - 2018

Zoning IB - Industrial Business

2023 City Assessment - $2,808,800

2023 Property Taxes - $48,239.18 ($1.81 psf)

Location Map

Downloads

Brochure

Team

Jamie McPetrie
Principal, Managing Director
Avison Young - CA - MB - Winnipeg
204-560-1502
204-981-0189
Steven Paulus
Principal
Avison Young - CA - MB - Winnipeg
204-5601505
204-294-5602

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